A BAYES MODEL IN SEQUENTIAL DESIGN

reportActive / Technical Report | Accession Number: AD0604145 | Open PDF

Abstract:

This paper is concerned with the Bayes problem of how to maximize the expected number of successes in N trials when at each trial we are free to choose between two machines I and II whose probabilities rho sigma of success are unknown but have a known a priori distribution Frho sigma.

Author(s):
Karlin, Samuel ; Johnson, S. M.
Author Organization(s):
RAND CORP SANTA MONICA CA
Pagination:
0030

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution:
Approved For Public Release
Distribution Statement:
Approved For Public Release; Distribution Is Unlimited.

RECORD

Collection: TR
Identifying Numbers
Report Number(s):
RAND-P-328
Monitor Series:
XD
 Subject Terms
Communities of Interest:
No COI(s) Identified
Descriptor(s):
*DECISION THEORY, *SEQUENTIAL ANALYSIS, BAYES THEOREM, DISTRIBUTION THEORY, FUNCTIONS(MATHEMATICS), GAME THEORY, PROBABILITY
Field(s)/Group(s):
Operations Research
Keyword(s):
bayes theorem
Report Date:
1954 Jan 04